High fees on some exchange!

[Koadharber]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

When you do trade into small amounts then expect fees would surely affect your profits but I would say most exchange would really have almost the same rates or being asked when it comes
to fees.The only problem here is that you do engage on small amounts that's why you would really feel those deductions.So therefore its much better to make those amounts big before making
any withdrawals so that you wont really be stressed out when you do tend to withdraw.

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[Astermony]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

Yes it is true that there are some exchanges collecting high fees when having a transaction for them but if the reason is for the security not of being greedy then its okay, leave and find another exchange if the reason is to boost their profit.

[Leah38]

After trading and cashing out, I would convert my btc to ETH because ETH withdrawals are cheaper than btc that costs a lot. I would also go for ETH pairs on trading, not unless that alts you have has no ETH pair.

[bitcoin31]

They have some exchanges site even they not popular they will set high transaction fee when you withdraw your coins.
But depends to the exchanges site if they set high fees or not. Some of them say they base on the blockchain even they not true.

[Clavulanic]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

We had no choice because there is no regulation for this, fees implementation on the different exchange is according to their own perspective, so find an exchange that will give a low fee and fast transaction.

[rodskee]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

This is also i can't understand what is the basis of some exchange charge a highest transaction
Bitcoin and all altcoins are now is in th lowest value
But i suggest to you mate not all exchange has have a high transaction fees
You can choose exchange with have fair transaction fees to their user

[Yamifoud]

Yes , The fees on some exchainges are high so much , But if we are not happy with high fees ,then we can trade in other exchanges that have a low fee

You're right! But the problem is that,  when your coin is just listed on that certain exchanges and you don't have other option for these rather to used that exchange.
We know it is a big deduction to our withdraws but we can't do to make it stop since they are setting such fees.  We just have to accept it or wait for another exchange.

[MintCondition]

Yes , The fees on some exchainges are high so much , But if we are not happy with high fees ,then we can trade in other exchanges that have a low fee

You're right! But the problem is that,  when your coin is just listed on that certain exchanges and you don't have other option for these rather to used that exchange.
We know it is a big deduction to our withdraws but we can't do to make it stop since they are setting such fees.  We just have to accept it or wait for another exchange.

It will be pain in the ass if its listed on one exchange and your fee is almost half of the value of your coin, sometimes it good to do trading when we have bigger volume to trade so fees will not be wasted.

[anafiene]

Yes , The fees on some exchainges are high so much , But if we are not happy with high fees ,then we can trade in other exchanges that have a low fee

You're right! But the problem is that,  when your coin is just listed on that certain exchanges and you don't have other option for these rather to used that exchange.
We know it is a big deduction to our withdraws but we can't do to make it stop since they are setting such fees.  We just have to accept it or wait for another exchange.

It will be pain in the ass if its listed on one exchange and your fee is almost half of the value of your coin, sometimes it good to do trading when we have bigger volume to trade so fees will not be wasted.

This is where we are retested with value and also high-cost exchange. Maybe we will be forced into an exchange with high prices if the coin is very valuable, but if indeed the coin has a low price then waiting for another exchange.

[CuriousGeorge]

Yes , The fees on some exchainges are high so much , But if we are not happy with high fees ,then we can trade in other exchanges that have a low fee

You're right! But the problem is that,  when your coin is just listed on that certain exchanges and you don't have other option for these rather to used that exchange.
We know it is a big deduction to our withdraws but we can't do to make it stop since they are setting such fees.  We just have to accept it or wait for another exchange.

Everyone will be forced to register or use that small exchange site. Then all of controls over that exchange site will be controlled by the team that owned that exchange.
I just try to give you an example just like hitbtc was charging a lot of fees for withdrawal. that means the users must pay more for that.

[Moshi Moshi]

Yes , The fees on some exchainges are high so much , But if we are not happy with high fees ,then we can trade in other exchanges that have a low fee

You're right! But the problem is that,  when your coin is just listed on that certain exchanges and you don't have other option for these rather to used that exchange.
We know it is a big deduction to our withdraws but we can't do to make it stop since they are setting such fees.  We just have to accept it or wait for another exchange.

It will be pain in the ass if its listed on one exchange and your fee is almost half of the value of your coin, sometimes it good to do trading when we have bigger volume to trade so fees will not be wasted.

This is where we are retested with value and also high-cost exchange. Maybe we will be forced into an exchange with high prices if the coin is very valuable, but if indeed the coin has a low price then waiting for another exchange.

in my opinion a high fees will have a negative impact on the market exchange itself because surely traders will feel burdened and will eventually leave the market exchange by looking for others market exchange.

[o_e_l_e_o]

You're right! But the problem is that,  when your coin is just listed on that certain exchanges and you don't have other option for these rather to used that exchange.

Everyone will be forced to register or use that small exchange site. Then all of controls over that exchange site will be controlled by the team that owned that exchange.

Look at BitGrail as an example. When Nano was first released (at the time called RaiBlocks), it only traded on this small exchange. There were so many problems it was unreal. High fees, delayed deposits, slow or frozen withdrawals, frozen accounts, funds disappearing, very shady KYC, and then the owner exit scammer and stole millions of Nano.

Using an unknown exchange to trade some unknown altcoin is hardly ever worth it. You are much more likely to be scammed than you are to see the 100x returns you are all dreaming of.

[mirawantirinjana]

some exchangers do set a fee, and are not determined by the percentage. like hitbtc, they don't use the percentage to withdraw from their exchanger, it is very profitable for whales, but it is very detrimental to small traders

[extremegym]

After increasing the exchange fee for BINANCE, I am looking for an alternative exchange.

It is difficult to find a stock exchange with the same security and cheap withdrawal fee.

it's always a very important question what to choose between security and price.

[burdalen]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

I think that soon there will be exchanges with minimal commissions on the conclusion. Or use a decentralized exchange with small commissions.

[jems]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

Usually, fee depends on the coin you want withdraw. It is true that on many exchanges these fees are very high. I usually change altcoins to Litecoin - from my observations LTC has the smallest fee. Try in that way

That's right, changing coins to other types of coins will reduce shipping costs. However, if the exchange does not provide certain types of coins or a very large price difference then it will also result in other losses. So basically we must really think carefully if we will do that.

[South Park]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

Try to see if you can lower the amount needed for withdrawal and if you cannot find that then try to find if that is the standard fee, there are exchanges that naturally allow you to adjust your fee depending on your preferences but there are others that are making money with the excuse of giving you a service which is not true, they are just trying to get some money out of you in the case you do not come back.

[ckorbba]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

I think that soon there will be exchanges with minimal commissions on the conclusion. Or use a decentralized exchange with small commissions.

You must also take into account the fact if the government of our state legalizes cryptocurrency, which will not require the payment of taxes. And this is definitely either each user will pay tax, or there will be a large percentage on exchangers.

[NynaHoney]

Altcoin nowadays are listed on some exchange which has high fees.  I tried to trade to increase my portfolio despite of this situation but still useless because of the amount of fee is when it comes withdrawal.!

 Is this normal because of the current situation of market?  Or a normal amount of  fee especially if the exchange is not yet popular?

I think that soon there will be exchanges with minimal commissions on the conclusion. Or use a decentralized exchange with small commissions.

You must also take into account the fact if the government of our state legalizes cryptocurrency, which will not require the payment of taxes. And this is definitely either each user will pay tax, or there will be a large percentage on exchangers.

the tax applied on VAT does not relate significantly to fees, the increase in fees in the central market is absolute because of their own system policies, it seems to apply because the fees for each market are different, I am very careful in arbitration with detailed calculations, choosing to exchange them by increasing assets especially first without thinking about fast withdrawals as often as possible.

[mdzahed134]

When i started trading and in that sense, some of the exchanges are familiar with. Yobit is very smooth exchange but fee is horrible and unpair. Recently i think last week i make withdraw 60$ but i got received 56$ in my main wallet what the hell. https://m.idax.mn/#/ this chinese exchange are so cool for trading.